Day Hagan Smart Sector ETF (NYSEARCA:SSUS) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Day Hagan Smart Sector ETF (NYSEARCA:SSUS – Get Free Report) saw an uptick in trading volume on Tuesday. Approximately 94,517 shares were traded during trading, an increase of 194% from the average daily volume of 32,169 shares. The stock last traded at $55.7350 and had previously closed at $55.59.

Day Hagan Smart Sector ETF Stock Performance

The firm has a market cap of $577.92 million, a PE ratio of 30.46 and a beta of 0.86. The stock’s 50 day simple moving average is $56.30 and its 200 day simple moving average is $53.21.

Institutional Investors Weigh In On Day Hagan Smart Sector ETF

An institutional investor recently raised its stake in Day Hagan Smart Sector ETF stock. Janney Montgomery Scott LLC boosted its holdings in Day Hagan Smart Sector ETF (NYSEARCA:SSUS – Free Report) by 13.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 34,124 shares of the company’s stock after purchasing an additional 3,948 shares during the period. Janney Montgomery Scott LLC owned approximately 0.32% of Day Hagan Smart Sector ETF worth $1,593,000 at the end of the most recent reporting period.

About Day Hagan Smart Sector ETF

(Get Free Report)

The Day Hagan\u002FNed Davis Research Smart Sector ETF (SSUS) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed US fund-of-funds that overweights and underweights 11 US large-cap sectors based on proprietary risk model. SSUS was launched on Jan 17, 2020 and is managed by Day Hagan.

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